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To: Favor Center
"So, I guess you really liked Clinton. He had these “surpluses” for a number of years. They weren’t real, but he had them."

Those BUDGET surpluses were due to a Republican Congress. I'm sorry that you are too dense that you continue to confuse budget bedt, intergovernmental debt, and national debt.

177 posted on 12/08/2009 11:21:26 AM PST by avacado
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To: avacado

“Those BUDGET surpluses were due to a Republican Congress. I’m sorry that you are too dense that you continue to confuse budget bedt, intergovernmental debt, and national debt.”

Those surpluses were due to an increase in the SS taxes. By law, an SS surplus MUST be put in Treasuries to finance the government. The Treasure Department counts these notes as “income”, but they ARE NOT INCOME.


179 posted on 12/08/2009 11:25:21 AM PST by Favor Center (Targets Up! Hold hard and favor center!)
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